Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Commercial banks in Bulgaria have 5 days to decide on payment moratoria

Photo: capital.bg

Bulgaria's central bank BNB has adopted the guidelines approved by the European Banking Authority for private moratoria on payments in light of the Covid-19 crisis. Payment moratoria are seen as an effective tool to address short-term liquidity difficulties for clients. Many businesses and citizens now experience difficulties resulting from the impact of the COVID-19 pandemic. Therefore, the BNB wants commercial banks to propose, within 5 working days, a common draft with rules regarding moratoria on payments. The rules should not interfere with the maintenance of commercial banks' capital liabilities, the BNB informs.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Caretaker Premier Dimitar Glavchev

Caretaker Premier Glavchev: It is important for Bulgaria to have a regular government

Caretaker Premier Dimitar Glavchev said from Washington that he did not know why the president had not yet announced a date for handing over the second exploratory mandate to form a government. "Surely, President Rumen Radev has some considerations..

published on 7/12/24 8:48 AM

Deep Purple, Mr. Big and Accept special guests at the festival Midalidare - Rock in the Wine Valley

13 bands from abroad will perform on the big stage of the 4 th edition of Midalidare - Rock in the Wine Valley , 12-14 July, alongside the headliners Deep Purple, Mr. Big and Accept, among them Axel Rudi Pell, Hammerfall, Beast in Black, The..

published on 7/12/24 7:05 AM

Orange weather alert for dangerously hot weather nationwide

On Friday the weather will be sunny and hot. Clouds will form in the afternoon but there will only be isolated showers in some parts in Eastern Bulgaria. Minimum temperatures 20-24° C., for Sofia 20° C., maximum 34-39° C., for Sofia 34° C...

published on 7/11/24 6:10 PM